Health Savings Accounts

Can Your Contributions Earn Interest?

Your HSA contributions earn interest. As the account owner, you can direct your contributions to any number of savings or investment options offered by the trustee or custodian of your HSA. Any interest and investment earnings on your contributions grow tax-deferred until money is withdrawn from your HSA. In addition, interest will be tax-free when you withdraw to pay for qualified medical expenses.

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*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a Registered Broker-dealer (Member FINRA/SIPC) and SEC-registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. General Electric Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.